Arizona Governor Ducey signed House Bill 2673 in March to put Airzona in position to lead in the innovation of property technology. The PropTech sandbox (Bill 2673) allows startups, individual entrepreneurs, and established property technology companies to test their products without the interference of the local government.
Offerpad – one of the PropTech pioneers in the state – has already capitalized on this opportunity, making strides to revolutionize the way consumers buy and sell homes in the state.
The PropTech innovator recently hired former Zillow Senior Manager Bryan LaFranchi to direct the company’s Homebuilder Alliance branch – a partnership program that helps consumers buy and sell their homes more efficiently. The program offers homeowners – who are working with Offerpad-partnered homebuilders – added benefits to ensure the fastest sale of their home.
“Offerpad’s Homebuilder Alliance program was designed to provide consumers with another innovative real estate solution, helping them more easily purchase a new construction home,” Offerpad Communications Manager David Stephan explains. “Offerpad is about streamlining the home transaction processes, and our partnership program with builders optimizes our tech solutions for those buying new construction homes, eliminating the contingency of selling their existing home before moving forward with the purchase.”
Presently, real estate is more important than ever. According to Medium, 60 percent of the world’s assets are in real estate, and 75 percent of that figure belongs to residential real estate. Property technology firms aid businesses and consumers in designing, constructing and managing real estate, and according to Stephan, there’s no better place than Arizona for PropTech operations.
Read more here
Join us November 12-15 for the Property Portal Watch Conference Madrid 2019.